Stamp Duty, Slowdown Deter Chinese Homebuyers in Singapore

Aug. 28 (Bloomberg) -- The imposition of Additional Buyer’s
Stamp Duty in December and the slowdown in China’s economy in
the second quarter has led to a decrease in Chinese homebuyers
in the city-state, according to a report by HSR Global this
month.

From January to August this year, Malaysians completed 1015
transactions compared to 758 for Chinese buyers, the report
said.